What is a SPAC? | CNBC Explains

Despite a shaky reputation, special purpose acquisition companies are among the hottest stocks of 2020. CNBC’s Nessa Anwar explains why investors are buying into these blank-check companies.

—–

Subscribe to us on YouTube: http://cnb.cx/2wuoARM

Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz

Like our Facebook page:
https://www.facebook.com/cnbcinternational

Follow us on Instagram:
https://www.instagram.com/cnbcinternational/

Follow us on Twitter:
https://twitter.com/CNBCi…

The post What is a SPAC? | CNBC Explains appeared first on CNBC Africa.

CNBC AFRICA